Reselling Gemporia
- Thread starter Deasmum
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If you're looking to shift some that you don't wear anymore, best place is online. Just not sure a high street firm would either be interested or be fair on value - even scrap.
Have a look on eBay for examples of sold and current auctions to give you an idea of price. A 'Gems TV' search should be fine. Plenty on there and I've bought "old style Gems" items before off eBay and I've sold too. Some jewellers list too and, although they don't say it's a Gems item, you can tell. TJC itself has a shop. There are some on Etsy too. I don't use FB but could be on there.
Nice items, with a cert could sell. Just be realistic about what you want. Take into account fees and unless you want to just get rid, don't be bullied into taking less than scrap. If the gem itself is attractive and/or unusual that will help. Personally, I take the view that I liked it, don't wear it and would rather have a bit of cash than a ring in a drawer doing nothing.
Have a look on eBay for examples of sold and current auctions to give you an idea of price. A 'Gems TV' search should be fine. Plenty on there and I've bought "old style Gems" items before off eBay and I've sold too. Some jewellers list too and, although they don't say it's a Gems item, you can tell. TJC itself has a shop. There are some on Etsy too. I don't use FB but could be on there.
Nice items, with a cert could sell. Just be realistic about what you want. Take into account fees and unless you want to just get rid, don't be bullied into taking less than scrap. If the gem itself is attractive and/or unusual that will help. Personally, I take the view that I liked it, don't wear it and would rather have a bit of cash than a ring in a drawer doing nothing.
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I know it's not news, but they almost, on Gems, 'will' you to sell on. 'We are getting jewellers who buy to sell on'. IF they were that good, in general and "legacy" pieces, why would they all but advertise they get on-sellers?
TheManWithNoName
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I've seen Gems TV jewellery on eBay and it seems to struggle to sell.
I think people believe the hype from presenters that their £20 ring should be £100 but they've made yet another of their umpteen a day 'mistakes' - so they try to flog it on eBay for £50 and get no interest.
If you're just trying to get your money back, then you should be OK. If you're looking to make a profit, then you'll struggle tbh.
I think people believe the hype from presenters that their £20 ring should be £100 but they've made yet another of their umpteen a day 'mistakes' - so they try to flog it on eBay for £50 and get no interest.
If you're just trying to get your money back, then you should be OK. If you're looking to make a profit, then you'll struggle tbh.
TheManWithNoName
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This guy believed the hype on Gem Collector.
Tanzanite Box Set
He's trying to flog a box set of Tanzanite cabochons for £5000 - and he's quoting the 'RRP' of £7344 that Gem Collector had on their website.
It's just 12 heavily included Tanzanite stones totalling 16cts that are worth about £100.
If he thinks he's going to get £5000 for them, he'll be trying to sell them forever.
Tanzanite Box Set
He's trying to flog a box set of Tanzanite cabochons for £5000 - and he's quoting the 'RRP' of £7344 that Gem Collector had on their website.
It's just 12 heavily included Tanzanite stones totalling 16cts that are worth about £100.
If he thinks he's going to get £5000 for them, he'll be trying to sell them forever.
Most cabochons are the lesser quality stone. That, I think is why they cabochon them.
TheManWithNoName
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Yeah exactly. It used to make me laugh years ago when Steve Bennett claimed a few times that cabochons have to be the highest grade of stone.
Complete nonsense.
Cabochons are cut as such because they're included and wouldn't reflect the light properly if they were faceted.
recoveringgemaholic
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I have sold a few pieces and made a loss every time. Sold them to free up cash but it was a lot of hard work. I tried different ways to sell but eBay seemed the most successful but I’ve often had to relist items half a dozen times and drop the price to get any interest. It really angers me whenever they mention resale now and it’s one of the reasons I no longer watch. I wish I had tried to resell early on as it would’ve deterred me from buying more.
I haven't tried to re-sell, but if you have some of Gemporia's early stuff, it should be worth selling. Don't be fobbed off, some of the old Gemporia jewellery is good quality, eg: genuine gemstones in good weights of sterling silver. That was before they became cynical and, back then, were trying to build up their customer base.
You're right, best place to sell is probably online. Most high street jewellers, realising that you bought from Gemporia, resent it.
I, personally, have had jewellers refusing to
re-size rings whenthey
It doesn't surprise me that jewellers buy from Gemporia to re-sell. Their profit margins are extremely high and they rarely disclose any information about the items.
historymystery
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I've previously sold a couple of pieces at a charity car boot - but they were all old-style Gems pieces, pre-2009 and good weights of silver. Each had one large solitaire stone, one black onyx, one rose quartz, one lemon quartz. I got a few pounds over what I paid for each one (always kept the original receipts + Certs. of Authenticity), but not more than £2-£3 profit per item, so if you factor in p&p paid on the original purchase, then I didn't do much more than break even, but at least covered the original cost.
But I've never tried to sell anything bought post-2009, and I don't think you'd make money on any of the cheaper range jewellery from more recent times. For one thing, the days of the thick, chunky silver settings, such as the Tookalon range, have long gone, as have the larger gemstones. An 8ct or 9ct solitaire stone (or even larger) was nothing unusual then, in a good silver weight - now, you'd probably be more likely to get a crop of tiny accent stones set in cheesewire thin silver settings or 'gold tone' crap, so they're virtually costume jewellery.
Huge difference between the jewellery bought from Gemporia of old (pre-2009, I'd say) and today's Gemporia, and I'd be amazed if anyone could make money from re-selling today's items.
This really disgusting to be duped by gemporia
This is so daunting
The listing shows an Gemporia app screenshot taken at 19:16, with a price of over £7k and an active "Add To Basket" button. I'd conclude that this was taken during the live auction of the item and before the price was crashed. The listing details explicitly point you to that screenshot.
They say that they collect gemstones from Gemporia. Even in March last year (purchase date), even Gem Collector would never end an auction at that price for this item, let alone £5k.
Tough one to call about who's trying to dupe who.
Fair point I should have looked more closely
historymystery
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Absolutely, but I do wonder how many people have contacted the channel over the years, telling them that they've tried to sell their jewellery - and that the extravagant claims as to value do not seem to hold up? If so, I'd love to see some of the correspondence.
I think the person trying to sell those tanzanites might have rather a long wait for the £5,000.
TheManWithNoName
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He'll struggle to get £500 for them. They're VERY poor quality stones. Very heavily included and they look ungraded too. At best, there may be one or two 'A' graded stones.
If my memory serves me correctly, they sold for £100 when they were on-air.
I've been following him for about a year to have a laugh at his listing. He couldn't shift them when he was flogging them for £3000 - and he's since put his price up to £5000.
Clown.
He's clearly trying it on - but I also believe that he fell for the Gemporia 'hype' about Tanzanite too.
Sorry for the mid-sentence cut-off!
I was just stating how reluctant Jewellers are to deal with Gemporia items, when they realise where they're from.